CIENA (CIEN) EVP Gage Brodie Sells 1,200 Shares

What Happened
Gage Brodie, EVP & Chief Product Officer of CIENA Corp (CIEN), sold 1,200 shares on 2026-09-15 at $324.86 per share, generating proceeds of $389,832. The transaction is reported as a sale (open market/private sale).

Key Details

• Transaction date and price: 2026-09-15 — 1,200 shares at $324.86 each.
• Total proceeds: $389,832.
• Filing date: Form 4 filed 2026-09-17 (timely filing within required window).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — sale executed under a Rule 10b5-1 trading plan dated 07/01/2025 (modified 12/23/2025). F2 — reported share totals include unvested RSUs and PSUs.

Context
Sales done under Rule 10b5-1 plans are pre‑arranged and are commonly used for routine disposition of shares; such sales do not on their own signal management’s view of company prospects. This was a cash sale (S) rather than a purchase, option exercise, or award.